Do you have a child that is in the market for a home? Have you thought about holding a mortgage? If you look at the long term pay back you can have monthly income and earn interest from funding the purchase (loan/mortgage) of a home for your child or family member. Where else can you get a pay out -earn interest and not take a huge risk. Talk to your financial advisor and ask for a comparison to an annuity. You can fund it 10 -20 - 30 years and if you have a mortgage so it is secured with the house. Not meant to be financial advise but something for you to consider.
Interested in helping your children buy a home? Hold a mortgage
Funding your child's first home - holding a mortgage.
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C. Larson August 18, 2012 at 12:11 pm
While on the outside it looks like you are helping your kids, you will possibly damage your relationship. This only works, if all goes well. What happens when they fail to pay, are you prepared to foreclose? If they do not pay on time, but take an expensive vacation how are you going to feel? It also undermines your adult child to be independent. If you want to "help" your kids, give them the money, do not make them in debt to you. I know you meant well, but not all of these situations end well.
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Thomas Paine June 18, 2013 at 01:47 pm
Why is it the panel for this event does not include a single advocate for gun-owners' rights? With…Read More all due respect to Chief McNamara, why does the panel no include a person who can speak to gun safety from a gun-owning civilian's perspective? ML, you claim that the assembled folks "do not offer judgements about gun ownership" but they are not including a single voice that can offer perspective on gun ownership. I have been to "education" sessions sponsored by Meg's March for Change and they are one-sided indoctrinations into gun control advocacy. >>>> I was in Hartford for the public hearings in January when both Meg and March co-founder Nancy gave their personal testimonies and they all but threatened the legislators on the panel with election day retribution for all those who did not tow the gun-control line of thinking (i.e. March and CAGV). To suggest that Meg "does not offer judgements" is fallacious and disingenuous.
DOR June 19, 2013 at 08:56 am
I'm o n Butterfield. No sightings here. Any specifics as to her location?
Carol Chapman June 19, 2013 at 09:23 am
Norma has been spotted this morning at the intersection of Kenan and Currituck. The red leash is…Read More still attached. She was trying to eat a dead squirrel on Currituck. Very skittish, but still in the neighborhood (yay). Please watch for her. My husband and sister-in-law (who first spotted her on Currituck this morning) were unable to get near her. She's in the woods, heading toward Butterfield. Her foster mom is on the scene now. Folks in the neighborhood, please watch for her and call 203-942-4008 if you see her.
Carol Chapman June 19, 2013 at 11:20 am
Carolee Mason (Newtown's Animal Control Officer) is watching her from her car at the moment, armed…Read More with catfood to tempt her closer. The foster mom is on her way there again, this time with chicken, and Laura is on her way with hamburger. Problem is, this dog is VERY shy, skittish and quick to run away.
Betsy Kraushaar June 17, 2013 at 07:54 am
If you have goodies left that you are interested in donating to our Girl Scout Troop...please…Read More contact me. Our troop has been saving/ fundraising for a senior trip to Europe for the past 5 years.
Thanks in advance,
Betsy
Llyod Christmas June 17, 2013 at 09:01 pm
Hi Betsy! We have tons of children's books left, and would be more than happy to donate them. How…Read More should I get in touch with you to drop them off?
Betsy Kraushaar June 17, 2013 at 10:46 pm
Lloyd,
My email is betsykraushaar@charter.net....I'd love to get some books...Thanks!!!